Walkable village plan revealed for Cerro Wire site

The new developer of the Cerro Wire site revealed its plan for the 90-acre plot of land. Oyster Bay Development, which consists of Simon Property

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Oyster Bay Development, which consist of Simon Property Group and Castagna Realty Group, says it plans to build a walkable village, which includes 600 residential units and 200,000-square feet of office space. (4/2/15)

SYOSSET - The new developer of the Cerro Wire site revealed its plan for the 90-acre plot of land.

Oyster Bay Development, which consists of Simon Property Group and Castagna Realty Group, says it plans to build a walkable village, which includes 600 residential units and 200,000-square feet of office space.

The proposal also includes two hotels, stores, restaurants and a park.

A spokesman for the developer says the new proposal "features an appropriately sized smart-growth walking village that meets the needs and objectives of the community to create a world-class live, work and play environment."

Simon says it will be holding community meetings over the next few months before submitting any plans to the town.